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KVHI KVH Industries Inc

4.56
0.02 (0.44%)
After Hours
Last Updated: 22:04:27
Delayed by 15 minutes
Share Name Share Symbol Market Type
KVH Industries Inc NASDAQ:KVHI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.44% 4.56 4.35 6.79 4.66 4.42 4.58 73,919 22:04:27

Fleetwood Extends Exclusive Use of KVH TracVision Systems aboard New RVs

19/04/2006 12:30pm

Business Wire


KVH Industries (NASDAQ:KVHI)
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Fleetwood to Offer KVH's All-digital TracVision Satellite TV Antennas, including new TracVision R6, along with HDTV on 2007 Model Year Vehicles KVH Industries, Inc., (Nasdaq: KVHI) announced today that Fleetwood Enterprises (NYSE: FLE), the nation's leading manufacturer of recreational vehicles, has chosen KVH's new TracVision R-series, including the premier TracVision R6, to be the exclusive satellite TV option offered on Fleetwood's 2007 motor homes. Fleetwood will also be offering KVH's High-definition TV (HDTV) Converter for DIRECTV(R) Service as an additional option for those customers wishing to enjoy HDTV programming while on the road. "We chose KVH as the exclusive satellite TV provider for the 2007 Fleetwood motor home line-up because they are the premier manufacturer and developer of satellite TV systems," explained Chris Braun, executive vice president of Fleetwood RV. "Fleetwood is always looking to align itself with the nation's leading brands that give our customers the flexibility, innovation, and value they deserve." Ian Palmer, KVH's executive vice president of satellite sales, remarked, "Fleetwood is recognized throughout the industry both for the quality of its vehicles and the innovations it brings to its customers. We are extremely pleased to continue our long-standing relationship with Fleetwood and applaud their selection of our new TracVision systems, including our new flagship TracVision R6. The options available in the TracVision R-series offer Fleetwood's customers the best blend of performance and value available in the RV industry." KVH will be supplying Fleetwood with its award-winning TracVision satellite TV product family, including the in-motion TracVision R5, the stationary, automatic TracVision R4, and the premier TracVision R6 in-motion satellite TV system, which includes such innovations as a compact 12" high design, electronic dew elimination technology (patents pending), on-screen messaging and diagnostics, and an integrated 12V receiver designed specifically for RV applications. Each of these all-digital systems provide access to more than 300 channels of digital TV programming and commercial-free music via the DIRECTV(R), DISH Network(TM), and ExpressVu services. Each member of the TracVision R-series offer integrated Digital Video Broadcast (DVB(R)) technology for unsurpassed satellite acquisition, identification, and tracking. For greater ease and convenience, advanced control features quickly and automatically switch between satellites simply by changing channels using the remote control, eliminating the need for the manual satellite search required by less sophisticated designs. Fleetwood's selection of KVH's TracVision systems also reflects Fleetwood customers' growing interest in the resolution and quality offered by high-definition TV. All three TracVision systems are fully compatible with the HDTV programming offered by DISH Network as well as on DIRECTV's standard 101(degree)W and 119(degree)W satellites. Fleetwood will also be offering the KVH TracVision HD Converter as an option so that customers will be able to enjoy HDTV programming broadcast by DIRECTV's new 110(degree)W satellite, which uses unique signals that cannot be decoded by other mobile satellite TV antennas. For additional information about KVH's award-winning TracVision satellite TV systems, visit http://www.tracvision.com. Note to Editors: High-resolution, press-ready images of KVH's TracVision antennas are available at http://press.kvh.com. About Fleetwood Fleetwood Enterprises, Inc., is a leading producer of recreational vehicles and manufactured homes. This Fortune 1000 company, headquartered in Riverside, CA, is dedicated to providing quality, innovative products that offer exceptional value to its customers. For more information, visit the company's website at www.fleetwood.com. TracVision systems are available to Fleetwood customers through RiverPark, Inc. (www.riverparkinc.com), of Elkhart, IN, a leading distributor of KVH's satellite TV product line and other high-end electronics products to the recreational vehicle industry since 1981. About KVH Industries, Inc. Middletown, RI-based KVH Industries, Inc., is a leading provider of in-motion satellite TV and communication systems, having designed, manufactured, and sold more than 100,000 mobile satellite antennas for applications on boats, RVs, trucks, buses, and automobiles. Winner of the prestigious General Motors Innovative Design Award, CES Innovation Award, 21 National Marine Electronics Association "Best Product" awards, and a finalist for the Automotive News PACE Award, KVH's mission is to connect mobile customers with the same digital television entertainment, communications, and Internet services that they enjoy in their home and offices. This release may contain certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, for example, the functionality, characteristics, quality and performance of KVH's products and technology; anticipated innovation and product development; and customer preferences, requirements and expectations. Factors that may cause such differences include, among others, fluctuations in market demand for and sales of new motor homes, and our dependence on the availability of third-party satellites, which face significant operational risks and could fail earlier than their expected useful lives, for our mobile satellite communication services, as well as those discussed in KVH's most recent annual report on Form 10-K filed with the SEC. KVH assumes no obligation to update its forward-looking statements to reflect new information or developments. KVH and TracVision are registered trademarks of KVH Industries, Inc. All other trademarks are the property of their respective companies.

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